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Archive of entries posted on 2nd February 2018

I hope you own lots of Amazon

Amazon last night reported fourth quarter sales up 38% to $60.5 billion. Operating income increased 69% to $2.1 billion in the fourth quarter, compared with operating income of $1.3 billion in fourth quarter 2016. These are incredible growth numbers for a large company. Amazon started as a book seller — the lowest margin business in the entire […]